OC Open Charter App Municipal bonds, direct
Primary market

Buy a new city bond through a Dutch auction.

Auction closes 02:14:39 Retail allocation 42% Network USDC + ACH

SF Green Schools 2038

AA+

General obligation bond funding seismic retrofits, solar roofs, and HVAC upgrades across 18 public schools.

Face value
$1,000
Coupon APR ?
4.75%
Maturity
12 years
Tax status
Federal exempt
Callable
2033 at par
Min order
$25

Dutch auction launchpad

Price decays over time, then jumps when demand clears supply at the current level.

Live
Current price $99.42 per $100 face value
Implied APR ? 5.31% at current price
Avg clearing price ? $100.08 estimated
Sold 44% $37.4M of $85M
Price decay curve Hover for price and APR

Auction book

Demand above current price
$18.6M
Retail buyers
1,284
Weighted avg bid
$100.19
Projected monthly income per $10k
$39.58

Investor feed

    Secondary market

    Buy and sell fractional pieces of existing bonds.

    Listings 0 Best implied APR 0% Avg discount 0%
    Action
    Portfolio

    Track cash, income, tax yield, and bond exposure.

    Buying power $12,840 Monthly income $391 Expected APR 5.82%

    Add funds

    ACH

    ACH deposits are estimated to settle in 2 business days.

    Portfolio value

    Includes cash, accrued interest, and current secondary market marks.

    $82,410
    +0.18% +$148 today

    Income forecast

    Next coupon
    Jul 15
    Accrued interest ?
    $118.42
    Tax-equivalent yield ?
    7.64%
    Avg duration ?
    6.8 yrs

    Held bonds

    Fractional enabled
    Bond Face held Market value APR Monthly income

    Portfolio tools

    • Issuer concentration: largest issuer is 18% of portfolio.
    • State exposure: CA 41%, NY 22%, TX 14%, diversified 23%.
    • Call risk: 31% callable within 7 years.
    • Liquidity score: 8.1/10 based on recent secondary depth.
    • Scenario view: +1% rates implies about -4.8% mark-to-market change.